PRODUCTS

BASE® helps a variety of business types across the country save thousands on health care expenses with easy-to-use benefit options, and provides compliance services to help business owners eliminate risks.

Gain Peace of Mind with the Savings & Compliance Solutions Provided by BASE®!

BASEÂ® for Group Employers...

Whether employers are looking to enrich their current benefit plans, off set benefit cutbacks, or implement cost saving measures, BASEÂ® works diligently to ensure that each plan meets the specific needs of each client.

BASEÂ® for Human Resources

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PARTNERS

This is a partnering opportunity that will help you stay competitive in whatever marketplace you serve, not to mention the opportunities available to boost your business and increase your bottom line. Our commitment to you and your clients is what sets us apart from other administrators of similar products.

BASEÂ® for Group Employers

Whether employers are looking to enrich their current benefit plans, off set benefit cutbacks, or implement cost saving measures, BASEÂ® works diligently to ensure that each plan meets the specific needs of each client.

BASEÂ® Excepted Benefits

The BASEÂ® Excepted Benefits plans provide employers with two different benefit options to assist employees with the payment of supplemental benefit plans. Employers simply choose from an employer paid Excepted Benefits Health Reimbursement Arrangement (HRA) or an employee paid Excepted Benefits 125 option that is run through a Section 125 Cafeteria Plan.

BASE® Blog

The PCORI fee deadline is on July 31, 2016 and relates to Health Reimbursement Arrangements (HRAs), per the Affordable Care Act. If you or your clients have been utilizing an HRA, be aware of the impending deadline.

The fee is required to be reported annually on Form 720, Quarterly Federal Excise Tax Return, for the second quarter of the calendar year. The fee for a plan year ending on or after October 1, 2015, but before October 1, 2016, is $2.17 multiplied by the number of employees covered under the plan for that plan year. However, plan years ending before October 1, 2015 should figure the fee by multiplying the number of employees covered under the plan for that plan year by $2.08.

This fee has been in effect since 2012 and will continue to be adjusted annually based on inflation, as determined by the Secretary of Health and Human Services. Currently, the PCORI fee will no longer apply to policy or plan years ending after September 30, 2019. Employers should review Summary Plan Descriptions to make certain the correct dollar amount is being used on the form for 2016.

Not all HRA plan sponsors are required to pay the fee per IRS and Department of Labor guidance issued.

• Section 105 HRA (with only 1 employee)

Business owners with one employee that have an HRA in place do not have to pay this fee.

• Integrated HRA (with 2 or more employees)

Business owners with two or more employees that have an HRA in place are required to pay the fee by July 31, 2016.

• Excepted Benefits HRA

Business owners with an Excepted Benefits HRA in place are not subject to the fee since it provides only excepted benefits.

For complete instructions on paying and submitting the PCORI fee, please visit http://www.irs.gov/pub/irs-pdf/i720.pdf. If you have any questions regarding this information or tax advantaged plans call BASE® at 1-888-386-9680. Learn more about how you and your clients can save money with tax saving benefits by visiting www.BASEonline.com or contacting a BASE® representative.

BASE® Archive

About BASE®

The BASE® commitment begins by offering small business owners plans that are customized to meet their specific needs. We offer a variety of plans including the Section 105 HRA, Integrated HRA, QSE HRA, 125 Cafeteria Plan, and ERISA Wrap. Whether you are looking to enrich current benefit plans, offset benefit cutbacks, or implement cost saving measures, our highly trained sales staff will work diligently with you to ensure that each plan is customized to meet your specific needs.
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